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Stock impact report

How the ‘vibecession,' global economic uncertainty are influencing investors this election year [CNBC]

Principal Financial Group Inc (PFG) 
Last principal financial group inc earnings: 4/27 04:15 pm Check Earnings Report
Company Research Source: CNBC
This year the United States fell three places to 7th overall in Principal Financial Group's 2024 Global Financial Inclusion Index. This year is a “ super election year ,” with more than 60 countries — encompassing around half of the world's population — hosting national elections , according to Statista. Promoting a healthy economy is high on the list of expectations of voters globally, according to a recent report by Principal Financial Group . But even when the economy is doing well, many people have developed a more polarized — and negative — perception of the economic environment overall, a disconnect known as a “ vibecession .” Whether or not that influences how people vote, the vibecession doesn't appear to have shown up in how they invest. “As we look at our own member base, nearly 10 million plan participants, they're not moving their money,” said Dan Houston, the chairman and CEO of Principal Financial Group, in an exclusive interview at CNBC's global headquarters in Show less Read more
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